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Ratings Lucre Global

The ERC223 solution for the Gambling Industry

Lucre Global is an Ethereum-based blockchain company that creates a decentralized, autonomous, cashless, transparent and secure payment solution and ecosystem for the global gambling industry. It also tackles user KYC processes, making the Lucre wallet and app, not only a safe, decentralized, single hub for player bankrolls, but also a single-login solution for all partner casinos across the globe. Going a step further, Lucre also brings the security and capability of Blockchain to hardware, merging with technology made popular by FinTech, and brings that to casinos cages, table games, player bands, rings, and everything else tomorrow’s IoT can deliver.

3.5
4 3 expert ratings
Benchy 3.8
KYC
Experts
3.7
3.3
2.9
Review: coming soon PRO
Unknown
Token
LCRX
Type
PreICO Price
1 LCRX = 0.1 USD
Price
1 LCRX = 0.25 USD
Bonus
Available
Bounty
MVP/Prototype
Platform
Accepting
BTC, ETH, Fiat
Soft cap
4,000,000 USD
Hard cap
40,000,000 USD
Country
USA
Whitelist/KYC
KYC
Restricted areas
USA
Visit ICO website
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Changelly

Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Sep 27, 2018
Modified on Sep 28, 2018
4
3
3
21%

"Imagine winning big at the Blackjack table and having to carry around thousands of dollars in casino chips. While it’s great the player won, they now have to carry all of these chips to the cashier to redeem their winnings.

With Lucre, players will have the option to cash out right at the Blackjack table, and by the time they select their next table game, their funds will be back in their wallet (on the Lucre app) via the QR reader function."

Do you have real case study of casinos working with you based on the above description?

Will be willing to revise rating if team responds.

Good luck.

~~~~~~~~~~~

Team responded.

Unclear if the execution has taken place with casinos.

+1Agree
-1
-2Disagree
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Paul Mears
ICO investor, cryto trader
Rated on Sep 23, 2018
3
3
2
18%

I don't really get the advantage of this especially when looking at the roadmap where it is a long time to deliver . By the time they get the web wallet done, the first movers will have it all looked up. Also concerned about what seems like lack of legal savvy as they indicate great ROI for investors in the tokens so it would assume they are selling as security token. The amount of funds used for IT and hardware at 8M each for a total of 16M seems lumpy and seems a bit like a cash grab. 8M of IT is a LOT of money

+1Agree
-1
-2Disagree
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Gaurav Areng ChakravertiICO team member replied on 28 Sep 2018
Dear Paul,

Thank you for taking the time to review and analyze this project.

We had gone over a few details via LinkedIn, but in the interest of transparency I thought I'd post a response here as well.

As discussed, I definitely appreciate pinpointing these specific details, especially with regards to time. As I'd mentioned, the milestones are being revised on Bench, and are currently pending confirmation. What's currently on here is just a vaguer outline of what was on the website and what got picked up initially. The dev teams are working tirelessly on getting the app itself published by the end of this calendar year, with a a majority of the functionality we want already built in.
With regards to the financials, we actually have upped it a bit as I'd stated, because hardware would be a pretty significant cost, especially when we're looking at integration across entire casinos, their tables, slots... we're targeting the entire ecosystem. Which would mean not just a single machine per cage, but literally at every customer touchpoint. I think that's where the disconnect is in communication honestly. I will have that revised.

I look forward to chatting more, though, and picking your brain as well. Your feedback definitely is being taken into account when we revise our communication style.

Thank you!
And please feel free to reach out to me directly on @GauravArengChakraverti on Telegram.
Sergey Sevantsyan
International Public Keynote Speaker, Blockchainer, Adviser, ICO Supervisor, Investment Relations and International Community Relations Manager
Rated on Oct 17, 2018
Modified on Feb 5, 2019
4
4
4
15%

Going a step further, Lucre also brings the security and capability of Blockchain to hardware, merging with technology made popular by FinTech, and brings that to casinos cages, table games, player bands, rings, and everything else tomorrow’s IoT can offer.

Agree
0
Disagree
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Benchy
ICO analyzer bot
3.8
46%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
2 members invited
Gaurav Areng Chakraverti
Passed
Sean Shafer
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
Missing or incorrect data? Let us know.

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